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    Property profile & analytics

    33 Alder St Medway, MA 02053

    • Manufacturing properties
    • 5,774 SF
    • 6.59 lot acres
    OFF-MARKET
    Value Estimation
    $195,000
    Last Sale
    Aug 29, 2022
    $190,000
    Location Intelligence
    Property ID
    US38-1824963
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • J F Industries / Trucking Company
    • Premier Pump & Supply, Inc. / Water Pump Supplier

    Property Details for 33 Alder St

    Year built
    1998
    Construction
    FRAME
    Lot size
    6.59 lot acres
    Property size
    5,774 SF
    Zone code
    IN3
    Property type
    Manufacturing properties
    APN
    MEDW M:63 B:003
    APU
    MEDWM63B003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $205,000

    • CAP approach

      CAP return
      Estimation
      6%
      $145,000
      6.5%
      $145,000
      7%
      $160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $175,000
      Geo Method
      $150,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $145,000
      Retail
      $135,000
      Mixed-Use
      $175,000
      Hospitality
      $170,000
      Educational
      $145,000
      Residential Income
      $160,000
      Energy
      $160,000
      Income-Based Land
      $180,000
      Food Service
      $175,000

    Location Insight

    • Map
    • Local Demand
    City
    Medway
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.4748
    Latitude
    42.1386
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,078
    $437,800
    $192,600
    $630,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      165,132 SF

      51 Alder St

      MANUFACTURING (LIGHT) • 165,132 SF
      51 Alder St, Medway, MA 02053-2291
      View Details
    • Value Estimation by Request
      119,108 SF

      10 Trotter Dr

      MANUFACTURING (LIGHT) • 119,108 SF
      10 Trotter Dr, Medway, MA 02053-2299
      View Details
    • Value Estimation
      $2,180,000
      14,400 SF

      9 Industrial Park Rd

      MANUFACTURING (LIGHT) • 14,400 SF
      9 Industrial Park Rd, Medway, MA 02053-1732
      View Details
    • Value Estimation
      $715,000
      15,896 SF

      42 Broad St

      MANUFACTURING (LIGHT) • 15,896 SF
      42 Broad St, Medway, MA 02053-1156
      View Details
    • Value Estimation by Request
      30,000 SF

      24 Jayar Rd

      MANUFACTURING (LIGHT) • 30,000 SF
      24 Jayar Rd, Medway, MA 02053-1734
      View Details
    • Value Estimation by Request
      28,591 SF

      4 Marc Rd

      MANUFACTURING (LIGHT) • 28,591 SF
      4 Marc Rd, Medway, MA 02053-1700
      View Details

    Similar Nearby for Sale

    • $2,475,000

      Medway Office Building For Sale

      Office building in Medway, Massachusetts, suitable for various uses.
      23 Jayar Rd, Medway, MA 02053
      View Details
    • $1,400,000

      Land For Sale

      Land available for sale.
      39 West St, Medway, MA 02053
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      Medway Warehouse: 15,000 SF

      Modern warehouse, 1.37 acres, 40 parking spaces.
      4 Industrial Park Rd, Medway, MA 02053
      View Details
    • Contact for pricing
      1,595 SF

      Retail Space on Main Street

      Retail space available on a high-traffic street.
      74 Main St, Medway, MA 02053
      View Details
    • Contact for pricing
      5,850 SF

      Retail Space in Medway Commons

      Grocery-anchored shopping center with retail space for lease.
      67 Main St, Medway, MA 02053
      View Details
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    33 Alder St
    Medway, MA 02053
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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